Tangible Personal Property Tax

Tangible Personal Property Tax Data: Taxes
Levied by Type of Governmental Unit and Value of Property, by
County, Calendar Year 2010

With the exception of telephone companies (whose property
will become exempt starting in tax year 2011), the tangible
personal property tax was phased out between 2006 and 2009 as
part of the tax changes contained in Amended Substitute House
Bill 66, the two-year state budget bill for Fiscal Years
2006-2007. The phase-out was accomplished by lowering
the assessment percentage for all tangible personal property,
including inventories.

Taxes levied on tangible personal property of telephone
companies by all local governments in Ohio for calendar year
2010 totaled $28.4 million on a total taxable value of $321.2
million (after deduction of the $10,000 exemption granted
each taxpayer).

Of the $28.4 million in total taxes levied, school districts
levied $20.1 million, county governments and special
districts levied approximately $5.3 million, cities and
villages levied $1.6 million, and townships levied $1.4
million. All figures represent taxes levied for 2010 to be
collected in the same year. (This differs from the real
estate and public utility property taxes which are levied for
a given year but collected the following year.)

The figures in the county, township, school district, and
city and village columns indicate the total amount of
tangible personal property taxes levied by each of these
types of governmental units on taxable property within each
county. The column for delinquent taxes includes not only
delinquent taxes from the previous year (2009), but also
delinquent taxes remaining from all earlier years (2008 and
earlier).

The figures shown have been compiled from abstracts filed by
each of the 88 county auditors with the Ohio Department of
Taxation, Tax Equalization Division.